| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | DEI | Long Term Incentive Plan Units | Award | $0 | +6.53K | $0.00 | 6.53K | Dec 30, 2021 | Common Stock | 6.53K | $0.00 | Direct | F1, F2, F3, F4 |
| Id | Content |
|---|---|
| F1 | Long term incentive plan units ("LTIP Units") in Douglas Emmett Properties, LP, a DE limited partnership (the "Operating Partnership") granted pursuant to the 2016 Omnibus Stock Incentive Plan of Douglas Emmett, Inc. ("Issuer"). Issuer is the sole stockholder of the general partner of the Operating Partnership. Upon vesting and certain additional criteria, each LTIP Unit can be converted into one partnership common unit ("OP Unit") of the Operating Partnership, which is ultimately exchangeable into common stock of Issuer, only, if applicable, after achievement of a specified percentage increase in Gross Asset Values of the assets of the Operating Partnership. LTIP Units not converted into OP Units within 10 years of the grant date will be forfeited. Upon the occurrence of certain events, OP Units are redeemable by the holder, without consideration, for an equivalent number of shares of Issuer's common stock or for the cash value of such shares, at Issuer's election. |
| F2 | LTIP Units granted as part of Reporting Person's annual compensation for service as a director of Issuer. |
| F3 | LTIP Units vest in one-quarter equal installments on January 1, 2022, April 1, 2022, July 1, 2022, and October 1, 2022. |
| F4 | Derivative securities owned by the Reporting Person include the LTIP Units reported herein, an additional 8,833 fully vested LTIP Units previously granted pursuant to Issuer's 2016 Omnibus Stock Incentive Plan, and 55,179 OP Units. |
Exhibit List 24.1- Power of Attorney